Two ways to slice Apple: Henry Blodget vs. Horace Dediu

Their contrasting views help explain why Apple’s share price is falling while its prospects rise

Business Insider‘s Henry Blodget and Asymco‘s Horace Dediu both watched Steve Jobs’ keynote address Monday and both talked about it on Tuesday — Blodget for 5 minutes on Yahoo Breakout, Dediu for 56 minutes on the debut of his Critical Path podcast on Dan Benjamin’s 5by5 network.

Dediu’s: Apple has built a moat around its devices that will protect their profit margins for years to come.

These are two smart men, but they operate in very different time frames. If you want a quick take on the thinking of the Wall Street traders who move Apple’s stock up and down each day, spend five minutes listening to Blodget. If you want a deep understanding of Steve Jobs’ five-year plan for Apple (AAPL), spend an hour with Horace Dediu.